Are there any other cryptocurrencies that could benefit from Ripple's SWIFT access?
7/30/2025 07:18am
**Ripple's SWIFT access and indirect FedNow integration could potentially benefit a range of cryptocurrencies**, not just XRP, by enhancing their utility, interoperability, and adoption within the financial system. Here are some cryptocurrencies that might gain from Ripple's strategic positioning:
1. **Stablecoins**: Ripple's USD stablecoin, RLUSD, has seen a significant increase in supply, highlighting the growing demand for stablecoins in liquidity and trading volumes. As RLUSD and other stablecoins continue to expand, they could benefit from Ripple's SWIFT access, which facilitates faster and more cost-effective cross-border transactions.
2. **Other Blockchain-Based Assets**: Any other blockchain-based assets that leverage Ripple's network, such as those on the XRP Ledger (XRPL), could indirectly benefit from Ripple's SWIFT access. These assets might include tokens used in decentralized finance (DeFi) applications, supply chain management, or other use cases where fast and low-cost cross-border transactions are crucial.
3. **Central Bank Digital Currencies (CBDCs)**: Ripple has expressed a vision for XRP to enable interoperability between different digital currencies, including CBDCs. As CBDCs become more prevalent, cryptocurrencies that can facilitate seamless transactions between CBDCs and other digital assets could gain from Ripple's SWIFT access.
4. **Cryptocurrencies with Interoperability Focus**: Cryptocurrencies that prioritize interoperability and bridging between different blockchain networks could benefit from Ripple's SWIFT access. These coins might include projects that aim to create a unified cryptocurrency ecosystem, where SWIFT integration could facilitate smoother transactions across different chains.
To capitalize on Ripple's SWIFT access, these cryptocurrencies would need to:
- Leverage Ripple's technology and infrastructure, such as RippleNet and XRP-powered liquidity tools.
- Ensure compatibility with SWIFT's ISO 20022 messaging protocol and FedNow's standards.
- Benefit from Ripple's strategic partnerships and regulatory clarity, which could lead to increased institutional adoption and trust.
By aligning with Ripple's ecosystem and leveraging its SWIFT access, these cryptocurrencies could enhance their own utility, scalability, and adoption within the financial industry.